SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

**FORM 10-QSB**

QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE

SECURITIES  EXCHANGE ACT  OF 1934

For the 3 month period ended March 31, 2003

Commission file number 000-49811

**TELECOMM.COM, INC.**

(Name of Small Business Issuer in Its Charter)

|**Delaware**                                                   | **52-2191043**                      
|-------------------------------------------------------------- | ------------------------------------
|(State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.)

**6836 Bee Caves Road,  Suite 242, Austin, Texas  78746**

(Address of principal executive office)      (Zip Code)

Issuer's telephone number, including area code **(512) 617-6351**

Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the
past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to
such filing requirements for the past 90 days. Yes [X] No[ ]

At March 31, 2003, a total of 29,889,492 shares of registrant's Common Stock were outstanding.

**TABLE OF CONTENTS**

|PART I     | FINANCIAL INFORMATION                                                                 | 1 
|---------- | ------------------------------------------------------------------------------------- | --
|Item 1.    | Financial Statements                                                                  | 1 
|Item 2.    | Management's Discussion and Analysis
of Financial Condition and Results of
Operations | 13
|Item 3.    | Disclosure Controls and Procedures                                                    | 17
|           |                                                                                       |   
|PART II    | OTHER INFORMATION                                                                     | 18
|Item 2.    | Changes in Securities and Use of
Proceeds                                             | 18
|Item 6.    | Exhibits, Lists, and Reports on Form
8-K                                              | 18
|Signatures |                                                                                       |   

******Part I - FINANCIAL INFORMATION**

**Item 1. Financial Statements.**

The following unaudited Financial Statements for the period ended March 31, 2003, have been prepared by
Telecomm.com, Inc.

|******TELECOMM.COM, INC.**    
|------------------------------
|**CONSOLIDATED BALANCE SHEET**
|**March 31, 2003**            
|**(Unaudited)**               

|**ASSETS**                                                                                            |            
|----------------------------------------------------------------------------------------------------- | -----------
|Current Assets                                                                                        |            
|Accounts receivable                                                                                   | $    12,506
|                                                                                                      | ========== 
|**LIABILITIES AND STOCKHOLDERS' DEFICIT**                                                             |            
|Current Liabilities                                                                                   |            
|Accounts payable                                                                                      | $ 1,247,998
|Accrued expenses                                                                                      | 379,648    
|Due to shareholders                                                                                   | 20,075     
|Notes payable to related parties                                                                      | 40,057     
|Deferred gain                                                                                         | 322,956    
|                                                                                                      | ___________
|Total Current Liabilities                                                                             | 2,010,734  
|Notes payable                                                                                         | 109,437    
|                                                                                                      | ___________
|Total Liabilities                                                                                     | 2,120,171  
|                                                                                                      | ___________
|Commitments and Contingencies                                                                         |            
|**STOCKHOLDERS' DEFICIT**                                                                             |            
|Common stock, $.001 par value, 75,000,000 shares
authorized, 29,889,492 shares issued and outstanding | 29,889     
|Additional paid in capital                                                                            | 1,512,112  
|Retained deficit                                                                                      | (3,649,666)
|                                                                                                      | ___________
|Total Stockholders' Deficit                                                                           | (2,107,665)
|                                                                                                      | ___________
|TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT                                                           | $    12,506
|                                                                                                      | ========== 

|******TELECOMM.COM, INC.**                    
|----------------------------------------------
|**CONSOLIDATED STATEMENTS OF OPERATIONS**     
|**Three Months Ended March 31, 2003 and 2002**
|**(Unaudited)**                               



|                                           | **2003**     | **2002**    
|------------------------------------------ | ------------ | ------------
|Net Revenues                               | $    26,860  | $    73,252 
|Cost of goods sold                         | 3,430        | 45,673      
|                                           | ___________  | ___________ 
|Gross profit (loss)                        | 23,430       | 27,579      
|Operating Expenses:                        |              |             
|General and administrative                 | 86,472       | 111,979     
|Depreciation and amortization              | 4,718        | 3,085       
|                                           | ___________  | ___________ 
|Loss from operations                       | (67,760)     | (87,485)    
|Other Expense:                             |              |             
|Interest expense                           | ( 5,394)     | ( 2,495)    
|                                           | ___________  | ___________ 
|Net loss                                   | $   (73,154) | $   (89,980)
|                                           | ==========   | ==========  
|Basic and diluted loss per common
share    | $(.00)       | $(.01)      
|Weighted average common shares
outstanding | 23,895,661   | 13,908,000  

|******TELECOMM.COM, INC.**                    
|----------------------------------------------
|**CONSOLIDATED STATEMENTS OF CASH FLOWS**     
|**Three Months Ended March 31, 2003 and 2002**
|**(Unaudited)**                               



|                                                                                          | **2003**    | **2002**   
|----------------------------------------------------------------------------------------- | ----------- | -----------
|**CASH FLOWS FROM OPERATING
ACTIVITIES**                                                  |             |            
|Net loss                                                                                  | $ (73,154)  | $(89,980)  
|Adjustments to reconcile net loss to net
cash provided by (used in) operating
activities: |             |            
|Stock option expense                                                                      | 25,000      | -          
|Depreciation and amortization                                                             | 4,718       | 3,085      
|Imputed interest                                                                          | 3,030       | -          
|Changes in:                                                                               |             |            
|Accounts receivable                                                                       | ( 7,450)    | (24,163)   
|Inventory                                                                                 | -           | (674)      
|Other assets                                                                              | -           | 2,157      
|Accounts payable                                                                          | ( 6,703)    | 95,186     
|Accrued expenses                                                                          | 39,864      | 34,865     
|                                                                                          | ___________ | ___________
|NET CASH PROVIDED BY (USED
IN) OPERATING ACTIVITIES                                       | (14,695)    | 20,476     
|                                                                                          | ___________ | ___________
|**CASH FLOWS FROM FINANCING
ACTIVITIES**                                                  |             |            
|Net advances from shareholder                                                             | 18,305      | ( 4,184)   
|Payments on notes payable to related
parties                                              | ( 3,630)    | -          
|                                                                                          | ___________ | ___________
|NET CASH PROVIDED BY (USED
IN) FINANCING ACTIVITIES                                       | 14,675      | ( 4,184)   
|                                                                                          | ___________ | ___________
|**NET CHANGE IN CASH**                                                                    | ( 20)       | 16,292     
|**CASH BALANCES**                                                                         |             |            
|-Beginning of period                                                                      | 20          | 3,925      
|                                                                                          | ___________ | ___________
|-End of period                                                                            | $       0   | $    20,217
|                                                                                          | ==========  | ========== 
|NON-CASH DISCLOSURES:                                                                     |             |            
|Stock issued to repay advances from
shareholder                                           | $ 230,349   | -          
|Stock issued to pay accrued expenses                                                      | 95,280      | -          
|Stock issued to settle note payable to
related parties                                    | 34,000      | -          

|******TELECOMM.COM, INC.**                    
|----------------------------------------------
|**NOTES TO CONSOLIDATED FINANCIAL STATEMENTS**
|**(Unaudited)**                               

**NOTE 1 - BASIS OF PRESENTATION**

The accompanying unaudited interim financial statements of Telecomm.com ("Telecomm") have been prepared in
accordance with accounting principles generally accepted in the United States of America and the rules of the Securities
and Exchange Commission ("SEC"), and should be read in conjunction with the audited financial statements and notes
thereto contained in Telecomm's Annual Report filed with the SEC on Form 10-KSB. In the opinion of management, all
adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the
results of operations for the interim periods presented have been reflected herein.  The results of operations for interim are
not necessarily indicative of the results to be expected for the full year.  Notes to the financial statements which would
substantially duplicate the disclosure contained in the audited financial statements for 2002 as reported in the 10-KSB have
been omitted.

Stock-Based Compensation.  Telecomm accounts for stock-based compensation under the intrinsic value method.  Under
this method, Telecomm recognizes no compensation expense for stock options granted when the number of underlying
shares is known and exercise price of the option is greater than or equal to the fair market value of the stock on the date of
grant.

In March 2003, the board of directors approved the issuance of 500,000 ten year options to purchase Telecomm common
stock for $.02 per share to two directors resulting in stock option expense of $25,000.  The board approved the issuance of
1,250,000 ten year options to purchase Telecomm common stock for $.02 per share to Telecomm's president.  These
options were accounted for under the intrinsic value method, therefore there was no compensation expense recorded.  See
pro forma results below.

The following table illustrates the effect on net loss and net loss per share if Telecomm had applied the fair value provisions
of FASB Statement No. 123, Accounting for Stock-Based Compensation, to stock-based employee compensation.



|                                                                        | **2003**    | **2002**   
|----------------------------------------------------------------------- | ----------- | -----------
|Net loss as reported                                                    | $( 73,154 ) | $ (89,980 )
|Less: stock based compensation
determined under fair value-based
method | (31,249 )   | -          
|                                                                        | ___________ | ___________
|Pro forma net loss                                                      | $(104,403 ) | $ (89,980 )
|                                                                        | ==========  | ========== 
|Basic and diluted net loss per common
share:                            |             |            
|As reported                                                             | $(.00 )     | $(.01 )    
|Pro forma                                                               | (.00 )      | (.01 )     

**NOTE 2 - COMMON STOCK**

In February 2003, Telecomm issued 17,981,492 shares of common stock to settle certain debts at $.02 per share.  1,700,000
shares were issued to settle a note payable to a related party in the amount of $34,000. 4,764,000 shares were issued to pay
accrued salary of $86,450 and accrued interest of $8,830 totaling $95,280.  11,517,492 shares were issued to repay
advances from the majority shareholder totaling $230,349.

**Item 2. Management's Discussion and Analysis or Plan of Operation.**

|**Management's Discussion and Analysis of Financial Condition and Results of Operations**
|-----------------------------------------------------------------------------------------

The following is management's discussion and analysis of certain significant factors that have affected the Company's
financial position and operating results during the periods included in the accompanying consolidated financial statements.
The accompanying unaudited financial statements include all adjustments which in the opinion of management are
necessary for a fair presentation and in order to make the financial statements not misleading.

**FORWARD-LOOKING STATEMENTS**

This Form 10-QSB contains certain forward-looking statements that we believe are within the meaning of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by
the safe harbors created by such acts. For this purpose, any statements that are not statements of historical fact may be
deemed to be forward-looking statements, including the statements under "Management's Discussion and Analysis of
Financial Condition and Results of Operations" regarding our strategy, future operations, future expectations or future
estimates, financial position and objectives of management. Those statements in this Form 10-QSB containing the words
"believes," "anticipates," "plans," "expects" and similar expressions constitute forward-looking statements, although not all
forward-looking statements contain such identifying words. These forward-looking statements are based on our current
expectations and are subject to a number of risks, uncertainties and assumptions relating to our operations, results of
operations, competitive factors, shifts in market demand and other risks and uncertainties.

Although we believe that the assumptions underlying our forward-looking statements are reasonable, any of the
assumptions could be inaccurate and actual results may differ from those indicated by the forward-looking statements
included in this Form 10-QSB. In light of the significant uncertainties inherent in the forward-looking statements included
in this Form 10-QSB, you should not consider the inclusion of such information as a representation by us or anyone else
that we will achieve such results. Moreover, we assume no obligation to update these forward-looking statements to reflect
actual results, changes in assumptions or changes in other factors affecting such forward-looking statements.

**OUTLOOK**

Telecomm is currently concentrating its resources on negotiations with acquisition candidates.

**THE COMPANY**

The Company is engaged in the business of manufacturing both copper and fiber optic specialty custom cabling for
the data and telecommunications industries.  In addition to its one subsidiary, the company is aggressively seeking
acquisitions to further increase its sales in this industry.  Although presently in talks with several acquisition candidates, the
company has not as yet entered into any agreements with any of those companies.

**RELATED PARTY TRANSACTIONS**

The Company owes a stockholder notes in the amount of $20,075 as of March 31, 2003.  The notes bear no interest
and are due on demand.  The shareholder has an option to convert all or part of the outstanding loans into common stock at
2 cents per share.  This stockholder owns approximately 56.3 % of the Company's common stock as of March 31, 2003.

**EQUITY TRANSACTIONS**

In February 2003, the company issued 17,981,492 shares of common stock to settle certain debts at $0.02 per share.
1,700,000 shares were issued to settle a note payable to a related party in the amount of $34,000. 4,764,000 shares were
issued to pay accrued salary of $86,450 and accrued interest of $8,830 totaling $95,280. 11,517,492 shares were issued to
repay advances from the majority shareholder totaling $230,349.

The company is in negotiations with a major shareholder to cancel or have returned a total of 4,800,000 shares of common
stock.

**GOING CONCERN**

As shown in the accompanying unaudited financial statements, the Company incurred a net loss of  $73,154 during
the period ended March 31, 2003 and, as of that date, the Company's current liabilities exceeded its current assets by
$1,998,228 and its total liabilities exceeded its total assets by $2,107,665.  These factors, as well as the uncertain conditions
that the Company faces relative to capital raising activities, create an uncertainty as to the Company's ability to continue as
a going concern.  The Company is seeking to raise additional capital through public and/or private placement offerings,
targeting strategic partners in an effort to increase revenues, and expanding revenues through strategic acquisitions.  The
ability of the Company to continue as a going concern is dependent upon the success of capital offerings or alternative
financing arrangements and expansion of its operations.  The unaudited financial statements do not include any adjustments
that might be necessary should the Company be unable to continue as a going concern.

**RESULTS OF OPERATIONS**

Revenues for the 3 months ended March 31, 2003 were $26,860, compared to revenues of $73,252 for the 3 months ended
March 31, 2002. This decrease is due to a general downturn in the economy during that period.

Gross profit for the 3 months ended March 31, 2003 was $23,430 or 87.2% of sales. The corresponding period for 2002
was $ 27,579 or 37.6% of sales.  The increase in gross profit is attributable to a substantially lower cost of materials.

General and administrative costs for the 3 months ended March 31, 2003 were $86,472 or 321.9% of sales, compared to
$111,979 or 152.9% of sales for the same period of 2002.  The Company has managed to maintain its G & A at a relatively
constant level.

Interest expense for the 3 month period ended March 31, 2003 was $5,394 compared to $2,495 for the same period in
2002.

For the 3 months ended March 31, 2003 the Company had a net loss of $73,154compared to a loss of  $89,980 for the
same period in 2002.

**LIQUIDITY AND CAPITAL RESOURCES**

As of March 31, 2003, the Company had cash and cash equivalents of $0.  We will require additional funding during the
next 12 months to finance the growth of our current operations and achieve our strategic objectives.  Our management is
actively pursuing additional sources of financing sufficient to generate enough cash flow to fund our operations through
2003 and 2004.  However we cannot make any assurances that such financing will be secured.

**RISK FACTORS AND CAUTIONARY STATEMENTS**

Forward-looking statements in this report are made pursuant to the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995. Actual results may differ substantially from such forward-looking statements
Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those
expressed in or implied by the statements, including, but not limited to, the following: our ability to continue as a viable
concern post implementation of the Plan, our ability to obtain financing in order to implement our business plan and other
risks detailed in our periodic report filings with the Securities and Exchange Commission.

**Item 3.  Disclosure Controls and Procedures**

Within the 90 days prior to the date of this Form 10-Q, the Company carried out an evaluation, under the supervision and
with the participation of the Company's management, including the Company's Chief Executive Officer, of the
effectiveness of the design and operation of the Company's disclosure controls and procedures pursuant to Exchange Act
Rule 13a-14. Based upon that evaluation, the Company's Chief Executive Officer concluded that the Company's disclosure
controls and procedures are effective in timely alerting them to material information relating to the Company required to be
included in the Company's periodic SEC filings. There have been no significant changes in the Company's internal controls
or in other factors, which could significantly affect internal controls subsequent to the date the Company carried out its
evaluation.

**PART II.  OTHER INFORMATION**

**Item 6.  Exhibits and Reports on Form 8-K**

(a) Exhibits.

99  Certification pursuant to 18 U.S.C. ss 1350

(b) Reports on Form 8-K.

None.

**Signatures**

The undersigned officers certify that this Quarterly Report on Form 10-QSB complies with the requirements of Section
13(a) or 15(d) of the Securities Exchange Act of 1934, as amended, and the information contained in such report fairly
represents, in all material respects, the financial condition and results of operations of the Company.

|                     | TELECOMM.COM, INC.                             
|-------------------- | -----------------------------------------------
|                     |                                                
|Date:  June 24, 2003 | /s/ Tim Page                                   
|                     | Tim Page, President and Chief Executive Officer